Hermes Protocol

Total Value Locked$512,491
Chain Breakdown
Metis$512,491
Include in TVL (optional)
$0
$74,475
$0
USDETH

Protocol Information

Hermes is the first DEX that allows low cost, near 0 slippage trades on uncorrelated or tightly correlated assets. The protocol incentivizes fees instead of liquidity.

Category:Dexs

Forked from:Solidly

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Development Activity

(updated at 02/05/25)

Weekly commits: 14
Monthly commits: 11
Weekly developers: 2
Monthly developers: 2

Last commit: 2 days ago (2025-05-02)

Methodology

TVL

Competitors

SushiSwap($105.4m)SushiSwap V3($19.1m)WAGMI($15.31m)NetSwap($2.38m)Hercules V3($1.62m)Elk($572,428)HyperJump($558,017)Tethys AMM($388,559)Sushi Trident($259,187)Hummus AMM($225,832)